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Australian firms 'very excited' about PHL
Business World Philippines
|June 09, 2025
THE Australian Embassy in the Philippines is expecting an increase in two-way trade and investments amid a surge in interest from Australian companies.
"I think there is lots of room for further increase to our two-way trade and investment. And Australian companies are very excited about the Philippines," Australian Ambassador to the Philippines Hae Kyong Yu said on the sidelines of the Philippines-Australia Friendship Festival.
She said that the embassy had been getting more inquiries from Australian firms about trade and investment opportunities in the Philippines.
"You will be seeing more and more Australian investment coming into the Philippines, and hopefully more and more trade between our two countries. Absolutely, we are seeing a real surge in interest and, frankly, in tangible outcomes as well," she added.
Asked which industries Australian companies are interested in, she said prospective investors will seek to play to Australia's strengths.
Dit verhaal komt uit de June 09, 2025-editie van Business World Philippines.
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